It was a record-setting week for the S&P 500 and the Dow Industrials with new highs for both. Yet stocks retreated midweek and the Russell 2000 hit -10% correction territory.
We added four new trades from our watch list: AIG, CHK, ITW, and WSM.
We want to exit our BIG trade on Monday morning (May 19th).
I have updated the stop loss on NS and QCOM.
Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.
--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.
Red symbol/name represents a play or option position exited or closed this week.